Pressure from President Trump led Hong Kong-based CK Hutchinson to sell Panama Canal ports to BlackRock. Goldman Sachs brokered the deal.

An investment group led by asset manager BlackRock has announced a deal to acquire two ports on either end of the Panama Canal for a total $23 billion, according to The New York Times. Hong Kong-based ...

Often a political punching bag for MAGA Republicans, asset manager BlackRock may have bought some conservative credibility ...

Trump’s announcement comes after his Commerce Secretary, Howard Lutnick, said tariffs on both Canada and Mexico would “likely ...

Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others ...

Panama President José Raúl Mulino accused U.S. President Donald Trump of lying when he said in his address to Congress that ...

That looks set to end. CK Hutchison has reached an agreement that will see the BlackRock-TiL Consortium (BlackRock Inc., ...

"The Russian economy does not need the [Panama] Canal at all, it is not important for us - even a tenth of a percent of our ...

The Hong Kong stock market has shown an 11% total return over the past 14 months, driven mainly by dividends, despite a ...

Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash ...

The U.S. is set to impose fees on Chinese-made ships entering its ports and introduce tax incentives to revive domestic ...

U.S. President Donald Trump praised a $22.8 billion deal led by BlackRock (NYSE:BLK) to acquire CK Hutchisons global port ...